Hess Corp.

Hess Corp. (NYSE:HES) announced today that it has agreed to sell $300 million of 3-year notes with a 1.30% coupon maturing on June 15, 2017 and $300 million of 10-year notes with a 3.50% coupon maturing on July 15, 2024 in a registered public offering led by J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, RBS Securities Inc., BNP Paribas Securities Corp. and Goldman, Sachs & Co. Hess expects to use the net [...]

Hess Corp. (NYSE:HES) today announced it has been ranked No. 1 among the greenest U.S. companies in the energy sector according to the just-released “2014 Newsweek (magazine) Green Rankings” of the largest 500 companies in the world (http://www.newsweek.com/green/americas-greenest-companies-2014). Hess has been ranked the No. 1 greenest company in the U.S. energy sector since 2011. The rankings, now in their sixt...

The Board of Directors of Hess Corp. (NYSE:HES) today declared a regular quarterly dividend of 25 cents per share payable on the Common Stock of the Corporation on June 30, 2014 to holders of record at the close of business on June 16, 2014. Hess Corp. is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. More information on Hess Corp. is available at [...]

Following the announcement today that Hess Corp. is selling its retail business to Marathon Petroleum Corporation, Hess confirmed that it will produce a 2014 Hess Toy Truck, that will be the 50th anniversary edition, which will be sold this holiday season as in the past through Hess retail outlets and online through the Hess Toy Truck website at www.hesstoytruck.com. After 2014, the company is planning to continue to [...]

Hess Corp. (NYSE:HES) announced today that it has agreed to sell its retail business to Marathon Petroleum Corporation for a total cash consideration of $2.6 billion. Hess Retail is the largest chain of company operated gas stations and convenience stores along the East Coast with 1,342 locations. Proceeds from the sale will be used for additional share repurchases and the company has increased its existing share [...]

Hess Corp. (NYSE:HES) was joined today by Governor Jack Dalrymple, Senator John Hoeven and a host of other government officials to commemorate the recently completed expansion of the Tioga Gas Plant, which more than doubles the operational capacity of the facility. The project is part of a more than $1.5 billion infrastructure investment made by Hess between 2012 and 2014 in North Dakota that has significantly increased [...]

Hess Corp. (NYSE: HES) today announced it has been recognized as the highest ranking energy company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens. This honor is earned by companies that show strong performance in such areas as Climate Change, Environment, Philanthropy, Human Rights, Finance, Governance and Employee Relations. Hess has been recognized in the top 100 list for seven [...]

Hess Corp. (NYSE:HES) today reported net income of $386 million for the quarter ended March 31, 2014. Adjusted earnings, which exclude items affecting comparability, were $446 million or $1.38 per common share, compared with $669 million or $1.95 per share in the prior year quarter. The decrease in adjusted earnings was primarily due to the impact on operating earnings related to divesting E&P assets and downstream [...]

Hess Corp. announced today it has sold its interests in both the Sinphuhorm and Pailin Fields located in Thailand to PTT Exploration and Production Public Company Limited for a total after-tax consideration of approximately $1.0 billion, effective July 1, 2013. Together, the two assets produced an average of 17,000 barrels of oil equivalent per day net to Hess in 2013. Hess will use the proceeds from this sale to [...]

Hess Corp. (NYSE:HES) announced today that it will hold a conference call on Wednesday, April 30, 2014, at 10 a.m. Eastern Daylight Time to discuss its first quarter 2014 earnings release. To phone into the conference call, parties in the United States should dial 1-877-703-6104 and enter the pass code 20457974 after 9:45 a.m. Outside the United States, parties should dial 1-857-244-7303 and enter the pass code [...]